Press Release: Scholastic Reports Q4 and Fiscal 2014 Results and Fiscal 2015 Outlook
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Other Financial Results. Corporate overhead expense was $66.9 million in fiscal 2014, compared to $60.2 million in the prior year, reflecting higher employee-related and incentive compensation expenses in the current period, including one-time items of $11.9 million and $7.6 million, respectively.
As previously announced, the Company's Board of Directors declared a quarterly cash dividend of $0.15 per share on the Company's Class A and Common Stock for the first quarter of fiscal 2015. The dividend is payable on September 15, 2014 to shareholders of record as of the close of business on August 29, 2014.
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- Companies:
- Scholastic Inc.
- Places:
- New York City
- U.S.
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